Slovak Republic's travel services (% of service exports, BoP) was 12.55% in 2025, the latest year in the World Bank's World Development Indicators. That is down 17.38 percentage points from 29.92% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.55% | 2025 |
| Five years earlier | 12.05% | 2020 |
| Ten years earlier | 29.92% | 2015 |
| Highest | 35.42% | 2009 |
| Lowest | 9.33% | 2021 |
| Average since 2016 | 17.53% | 2016–2025 |
| First recorded | 19.75% | 1993 |
What the numbers say
In 2025, Slovak Republic's travel services (% of service exports, BoP) rose 0.31 percentage points on 2024 (from 12.24% to 12.55%).
Across the 26 yearly changes before that (1994 to 2024), the average change was −0.9 percentage points and a typical year strayed about 6.31 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 14.55 percentage points in 2001 and the biggest yearly fall was 18.99 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 2.23 percentage points a year. A straight line explains 71% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Slovak Republic had the 111th highest value of the 134 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Slovak Republic | 12.55% | 2025 |
| World | 19.75% | 2025 |
| Europe & Central Asia | 16.56% | 2025 |
| High income | 18.09% | 2025 |
Closest to Slovak Republic in the 2025 ranking
- China — 108th of 134: 14.34%
- Angola — 109th of 134: 13.7%
- Cyprus — 110th of 134: 13.35%
- United Kingdom — 112th of 134: 12.5%
- Nigeria — 113th of 134: 12.27%
- Switzerland — 114th of 134: 12.09%
What this measures
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 29 values
| Year | Travel services (% of service exports, BoP) |
|---|---|
| 2025 | 12.55 |
| 2024 | 12.24 |
| 2023 | 11.99 |
| 2022 | 10.24 |
| 2021 | 9.33 |
| 2020 | 12.05 |
| 2019 | 25.16 |
| 2018 | 25.5 |
| 2017 | 26.82 |
| 2016 | 29.39 |
| 2015 |
Travel services (% of service exports, BoP) in nearby economies
- Albania — 67.69% (2025)
- Armenia — 47.93% (2025)
- Austria — 27.55% (2025)
- Azerbaijan — 23.08% (2025)
- Belarus — 4.14% (2021)
- Belgium — 6.36% (2025)
- Bosnia and Herzegovina — 53.08% (2025)
- Bulgaria — 26.14% (2025)
- Croatia — 66.02% (2025)
- Cyprus — 13.35% (2025)
More economic policy & debt data for Slovak Republic
- Adjusted savings, education expenditure (% of GNI) — 4.13% (2021)
- Adjusted savings, mineral depletion (current US$) — US$10.61 million (2021)
- Adjusted savings, energy depletion (current US$) — US$3.68 million (2021)
- Net financial flows, IBRD (NFL, current US$) — −US$279,000 (2016)
- General government final consumption expenditure (current US$) — US$33.08 billion (2025)
- General government final consumption expenditure (current LCU) — 29.27 billion (2025)
- General government final consumption expenditure (% of GDP) — 21.41% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$90.65 billion (2025)
Reading data like this
Questions people ask
- What is Slovak Republic's travel services (% of service exports, BoP)?
- 12.55% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is down 7.21 percentage points from 19.75% in 1993. The highest value was 35.42% in 2009 and the lowest 9.33% in 2021.
- How does Slovak Republic rank?
- 111th highest of 134 economies with data for 2025.
- Is the latest change in travel services (% of service exports, BoP) unusual for Slovak Republic?
- In 2025, Slovak Republic's travel services (% of service exports, BoP) rose 0.31 percentage points on 2024 (from 12.24% to 12.55%). Across the 26 yearly changes before that (1994 to 2024), the average change was −0.9 percentage points and a typical year strayed about 6.31 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BX.GSR.TRVL.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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